Question

A man purchases 9pens for 10rs and sells them at the rate of 6pens for 7rs .what is profit and loss percentages​

Answer 1

Answer:

Step-by-step explanation:

C.P of 10 pencils = ₹10

C.P of 1 pencil = ₹10/10=₹1

S.P of 8 pencils =₹10

S.P of 1 pencil = 10/8 =₹1.25

Gain = 1.25-1= ₹0.25

Gain percent= (Gain/Cost price )×100= (0.25/1) ×100= 0.25×100

Gain %= 25%

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